Product Associate

About Abound We’re redefining consumer lending in the UK, and beyond. Using advanced AI and Open Banking data, we make fair, affordable personal finance available to more people. While traditional lenders rely almost entirely on credit scores, we look at the full financial picture - how much you spend, and what you can afford to repay to build a deeper, more accurate understanding of each customer's unique financial situation. And we've shown it works at scale. We’ve issued over £1.3bn in loans directly to customers while delivering market-leading credit performance - for every 10 defaults the industry expects, we see only 3. We also reached profitability just 2.5 years after launch. Backed by £2bn+ of funding from top-tier investors including Citi, GSR Ventures, and Deutsche Bank, we’re recognised as one of Europe’s fastest-growing fintechs (Sifted, CNBC). Now, we’re expanding into new markets and product lines - and we’re looking for ambitious people who want to learn fast, take ownership, and grow with us. About the role We're expanding access to affordable credit by launching credit products that make a real difference to customers. We move quickly, often with leading fintech, consumer and e-commerce companies, so that we can offer affordable credit at the right point in the customer journey. We work in a highly regulated environment, so our products have to work end to end from day one: technically, operationally and commercially.   As a Product Associate, you'll work across product, data and commercials. You'll dig into how our products perform, from funnel conversion to loan-level unit economics, and turn what you find into ideas for how we scale, improve margins and grow. You'll work hands-on with data and code, alongside Product Managers, Engineering, Credit and Operations. You'll help decide where the product goes next, as well as how we ship it.   This role is for top-tier STEM or Economics graduates who think like analysts, build like engineers and care about the P&L like owners, and who want to progress to Product Manager at a fast-growing, industry-leading fintech.   What you'll be doing   Product analytics & insight • Own analysis of product performance across the full funnel: traffic, applications, approvals, conversion, originations, repayment and credit outcomes • Build and maintain the dashboards, metrics and data models that Product, Credit and Operations rely on • Form sharp hypotheses, design experiments (journey changes, pricing, A/B tests) and measure the impact rigorously • Get to the root cause of anomalies quickly, whether the cause is in the data, the code or the customer journey Unit economics & commercial thinking • Model the economics of each product: acquisition cost, approval and take-up rates, pricing, funding cost, expected loss, servicing cost and lifetime value • Put numbers on the trade-offs behind product decisions, such as wider approval versus higher losses, or partner revenue share versus volume • Track contribution margin and cohort profitability by product, channel and partner, and show where we make or lose money Growth & product strategy • Come up with ideas for scaling and growing from where we are today (new segments, channels, products and pricing) and estimate what each one is worth • Look across our products and partnerships for places where they reinforce each other: cross-sell, top-ups, repeat lending, shared customers and shared data • Help evaluate new partner opportunities and build the business case, covering volume, economics, integration effort and risk • Turn the strongest ideas into clear proposals and see them through to launch Building & shipping • Use AI coding tools to build and ship product end to end, across both front-end and back-end, from quick